Gold prices climbed Thursday with the dollar sliding after data showed U.S. consumer prices rose less than expected in April, though on an annual basis, inflation showed signs of firming. Front-month gold for May delivery rose 0.7% to $1,320.80 a troy ounce on the Comex division of the New York Mercantile Exchange to snap a three-session losing streak. Prices have stayed between about $1,305 and $1,360 this year, moving within that range based on safe-haven demand, swings in the dollar and worries about higher interest rates.

Source: Wall Street Journal May 10, 2018 13:41 UTC